Require construction project owners to timely pay contractors

HB 288 requires private construction project owners to pay contractors on time by amending Ohio's Revised Code (section 4113.61). This directly affects private property developers and project owners who hire contractors for construction work. The key provision establishes a legal obligation for owners to make payments according to agreed-upon schedules, preventing delays without requiring new payment terms. The bill creates a clear standard for timely payment in private construction contracts.